Automotive Market in China

1. China Stage V Standards for Gasoline and Diesel will go into effect by end of 2016.

China Stage V Standards for gasoline and diesel will go into effect nationwide by end of 2016. According to China Business News, Serious enviromental problem is taking attention of central goverment.
The China V standards was set to go into effect in 2017. In February 2013, the State Council issued a timetable for its program to upgrade fuel quality nationwide. By the end of 2014, automotive diesel fuel sulfur would be set at 50 ppm (China IV or National IV) and by the end of 2017, sulfur limits for automotive gasoline and automotive diesel would be 10 ppm maximum (China V or National V).
The explosive economic growth has led to cities choked with both smog and traffic jams. A rencent documentry “Under the Dome” which is about pollution in China, produced by Ms. Chai Jing, was spreading on Internet rapidly. It gives a pressure to the authorioty to take actions on enviroment proection.

2. Lifan, Ricardo to develop 3-cylinder turbo engine

According to Automitive News China, Ricardo PLC signed an agreement with Chongqing Lifan Automobile Engine Co. to develop a 1.0-liter turbocharged direct-injection engine for small vehicles. Ricardo engineers in Shanghai and the United Kingdom will work on the project, the company said, and the engine will help Lifan meet China’s Stage 4 fuel economy requirements.

3. Shanghai GM to produce 1.0T engine in Wuhan
Shanghai GM plans to produce a 3 cylinders 1.0T engine in Wuhan, Hubei province. According to a release from Hubei Development and Reform Commission, which approved the SGM next generation C series engine project. The project will invest 1.9 billion RMB, and the capacity will be 300,000/year.

4. Geely plans to invest in Belarus and the U.K.
Zhejiang Geely Holding Group Co. plans to establish a joint venture factory in Belarus. This factory will have a capacity of 120,000 vehicles per year, assembling cars mainly for Russia and Ukraine markets.
Geely will invest 250 million pounds (2.6 billion yuan) to build an assembly plant in the United Kingdom to produce the iconic London taxicab. The factory, to be constructed in Coventry, England, will produce up to 36,000 vehicles a year, Geely said. That will be 10 times the annual production capacity of London Taxi Co.’s existing plant in Coventry.